Google’s parent company Alphabet is reported to be set join forces with Walmart in India to aid Walmart’s efforts to buy a majority stake in Indian e-commerce platform Flipkart.
As part of the deal, Alphabet might pick up minority stakes in Flipkart by investing $1-2 bn after the Walmart acquisition according to Economic Times.
Google and Walmart already joined forces last year in the US to allow consumers to order hundreds of thousands of products by voice with Google Assistant on Google Home or the Google Express website or app.
Previous to this proposed partnership, Walmart’s Flipkart plans were Read full story ›
Source: The Drum
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